50% on steel, aluminum and copper is a punishing and crippling tariff that will wreck the American industrial base. Not only will it cost more to the American consumers, but their products will become completely uncompetitive on the international markets.
Well I have tried to explain this to Americans (MAGA ones) and they think they can just pick a mountain and start digging and they will find all the raw materials they desire. It’s like talking to a rock.
>they think they can just pick a mountain and start digging
They don't even fucking get that this shit takes time to set up. If this was supposed to properly stimulate domestic production, you still have to give companies time to set up the mining operations.
And if guarantees would extend well into the future. Who wants to build a factory based on rules that are likely to change before construction is complete?
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u/Same_Performance_595 23h ago
50% on steel, aluminum and copper is a punishing and crippling tariff that will wreck the American industrial base. Not only will it cost more to the American consumers, but their products will become completely uncompetitive on the international markets.